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HI SB1443

Bill

Official Source

Status

Introduced

1/24/2019

Primary Sponsor

Glenn Wakai

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Origin

Senate

2019 Regular Session

AI Summary

  • Amends Section 206M-15.1 of the Hawaii Revised Statutes to add a restriction on the manufacturing development program administered by the Hawaii Technology Development Corporation.

  • Prohibits any company from receiving a grant under the manufacturing development program in consecutive years.

  • Maintains existing requirements that grants cannot exceed 20 percent of project costs and cannot exceed $100,000 per company per year.

  • Takes effect on July 1, 2019.

Legislative Description

Relating To The Hawaii Technology Development Corporation.

Grants

Last Action

Report adopted; Passed Second Reading and referred to WAM/JDC.

2/15/2019

Committee Referrals

Ways and Means2/15/2019
Technology and the Arts1/28/2019

Full Bill Text

No bill text available